Cardano founder Charles Hoskinson recently predicted what Cardano will look like by 2030, with a focus on adoption and market penetration.
hoskinson shared This is what he said in a conversation with critic Sujal Jeswani: cardano What could happen within the next five years and what the ecosystem needs to work on to become more competitive.
Cardano's position
Recall that Cardano's founder recently said: Everything is getting better for Cardano. He reiterated this sentiment in a recent interview, highlighting the ecosystem's significant advances in decentralization and governance.
Key issues in implementation and market penetration
Nevertheless, Hoskinson emphasized the need to increase Cardano's adoption and market penetration, highlighting Cardano as a significant drawback for the chain.
“We need to sort out adoption,” he said, emphasizing the need to increase TVL, volume and developer traction.
However, he argued that Cardano has what it takes to bring about this change. He cited existing technologies and upcoming implementations, such as the Hydra scaling solution, as his belief that Cardano will attract more users.
Therefore, by 2030; hoskinson He pointed out that Cardano will be more competitive in the cryptocurrency mainstream. He also predicted strong adoption metrics and emphasized that the ecosystem will reach 10 million users and penetrate more markets in the next five years.
Midnight: A major boost to the Cardano ecosystem
Hoskinson further emphasized that the privacy space is the next big thing in the cryptocurrency industry. He pointed out that the computational privacy niche offers 10 to 100 times what the general crypto space is achieving.
“That way we can bring in all the real-world assets and institutional investors.” he said.
According to Cardano's founder, trillions of dollars from RWA cannot enter the space via Solana, Ethereum, or Cardano. They will need a programmable privacy chain like Midnight.
Meanwhile, Mr. Hoskinson previously Midnight is called the most transformative project In Cardano's history, it claimed to have regained visibility and traction into the ADA ecosystem.
